Rock Valley College board members will explore options in the coming months to trim a projected $1.5 million budget shortfall. A tuition hike for the coming year is off the table, but board members might revisit this fall whether a future hike is warranted, said board chairman Michael Dunn Jr. Administrators are compiling budget-balancing options that they’ll present to the board in the weeks ahead. Administrators initially crafted a balanced draft budget based on essentially flat revenue assumptions, but board members pressed for more conservative projections based on declining enrollment and property tax trends.
http://www.rrstar.com/news/x558818016/Rock-Valley-College-faces-1-5M-budget-shortfall
